Farmers & Merchants Bancorp (NASDAQ:FMAO) issued its quarterly earnings results on Wednesday. The financial services provider reported $0.40 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.02), MarketWatch Earnings reports. Farmers & Merchants Bancorp had a return on equity of 7.77% and a net margin of 21.97%.
FMAO stock opened at $21.81 on Friday. The stock has a market capitalization of $242.72 million, a PE ratio of 13.55 and a beta of 0.20. The company’s 50-day moving average is $20.62 and its 200-day moving average is $21.48. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.96 and a quick ratio of 0.95. Farmers & Merchants Bancorp has a 1 year low of $17.40 and a 1 year high of $31.80.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 20th. Stockholders of record on Tuesday, September 29th were given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.12%. The ex-dividend date was Monday, September 28th. This is a boost from Farmers & Merchants Bancorp’s previous quarterly dividend of $0.16. Farmers & Merchants Bancorp’s dividend payout ratio is 40.00%.
In related news, CEO Lars B. Eller acquired 2,300 shares of the business’s stock in a transaction dated Wednesday, August 19th. The shares were bought at an average price of $21.90 per share, with a total value of $50,370.00. 9.96% of the stock is owned by corporate insiders.
Farmers & Merchants Bancorp Company Profile
Farmers & Merchants Bancorp, Inc operates as the bank holding company for The Farmers & Merchants State Bank that provides commercial banking, retail banking, and other financial products and services to individuals and small businesses in northwest Ohio and northeast Indiana. The company offers checking account services, as well as savings and time deposit services, such as certificates of deposits; and custodial services for individual retirement and health savings accounts.
Recommended Story: How Investors Use a Balance Sheet
Receive News & Ratings for Farmers & Merchants Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Farmers & Merchants Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.